28/172 Barrier Reef DriveMermaid Waters QLD 4218
Property Details for 28/172 Barrier Reef Dr, Mermaid Waters
28/172 Barrier Reef Dr, Mermaid Waters is a 1 bedroom, 1 bathroom Townhouse with 1 parking spaces. The property has a land size of 127m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 1 bedroom Townhouse sold in Mermaid Waters in the last 12 months.
Last Listing description (September 2025)
Best Offer Over $699,000 closes Monday 29th September @ 2pm
This appealing property, offers generous proportions throughout, creating a sense of space and comfort rarely found in single-bedroom homes.
The spacious interior features an open-plan design that maximizes every square meter, while the private outdoor courtyard provides your own tranquil retreat - perfect for entertaining, gardening, or simply unwinding after a busy day.
This versatile property presents multiple opportunities: an ideal first home for those entering the market, a prime flip opportunity for investors with vision, or the perfect downsize for those seeking low maintenance living without compromising on space or location.
Located in prestigious Mermaid Waters, you'll enjoy easy access to pristine beaches, world-class shopping at Pacific Fair, excellent dining options, and convenient transport links. The area's continued growth and desirability make this an astute investment choice.
Key Features:
• Large one-bedroom single-level townhouse
• Spacious interior with open plan living
• New lush carpet throughout
• Freshly painted interior
• Private outdoor courtyard
• Prime Mermaid Waters location
• Perfect for first home buyers, investors, or downsizers
• Low-maintenance lifestyle
In today's competitive market, properties of this kind in Mermaid Waters are highly sought after. Don't miss this rare opportunity
Property History for 28/172 Barrier Reef Dr, Mermaid Waters, QLD 4218
- 29 Sep 2025Sold for $750,000
- 10 Sep 2025Listed for Sale Best Offer Over $699,000
- 14 May 2015Listed for Rent - Price not available
Recent sales nearby
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About Mermaid Waters 4218
The size of Mermaid Waters is approximately 7.1 square kilometres. It has 23 parks covering nearly 7.3% of total area. The population of Mermaid Waters in 2016 was 12045 people. By 2021 the population was 13088 showing a population growth of 8.7% in the area during that time. The predominant age group in Mermaid Waters is 30-39 years. Households in Mermaid Waters are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mermaid Waters work in a professional occupation.In 2021, 68.60% of the homes in Mermaid Waters were owner-occupied compared with 66.10% in 2016.
Mermaid Waters has 6,212 properties. Over the last 5 years, Houses in Mermaid Waters have seen a 112.08% increase in median value, while Units have seen a 108.72% increase. As at 31 October 2025:
- The median value for Houses in Mermaid Waters is $2,056,679 while the median value for Units is $911,466.
- Houses have a median rent of $1,150 while Units have a median rent of $760.
Suburb Insights for Mermaid Waters 4218
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